Ethereum (ETH) Price Struggling Below $320: Range Moves Before Higher?

ETH price climbed sharply above $300, but it struggled to clear the $315-320 resistance against the US Dollar.
The price corrected lower, declined below the $300 level, and found support near the $295 level.
There was a break below a major bullish trend line with support near $310 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is currently correcting higher, but there are chances of more ranges moves below $320.Ethereum price is currently consolidating gains in a broad range ve